Company Description

Nelnet, Inc. provides innovative educational services in loan servicing, payment processing, education planning, and asset management. It offers a broad range of financial services, technology-based products, and tools to assist the education-seeking family throughout the learning life-cycle, and through this innovative product mix, have implemented a successful strategy to diversify revenues. It operates through the following segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, Enrollment Services and Asset Generation and Management. The Student Loan and Guaranty Servicing segment focuses on student loan servicing, student loan servicing-related technology solutions, and outsourcing services for guaranty agencies. Its brands include the Nelnet Loan Servicing, Firstmark Services, Nelnet Guarantor Solutions, and 5280 Solutions. The Tuition Payment Processing and Campus Commerce segment focuses on tuition payment plans and online payment processing. Its brands include FACTS Management. The Enrollment Services segment focuses on education planning and enrollment-related services, including interactive marketing. Its brands includes CUnet, Peterson's, EssayEdge, Sparkroom, and Student Marketing Group. The Asset Generation and Management segment includes the acquisition and management of the company's student loan assets. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in 1977 and is headquartered in Lincoln, NE.